16 Russell Avenue, Seacombe Gardens SA 5047

16 Russell Avenue, Seacombe Gardens SA 5047
This 3-bedroom, 2-bathroom house occupies a 1,012m² corner allotment and was built in 1952. It includes four parking spaces and carries redevelopment potential subject to council consent. The land size is unusually generous for its suburb. The corner configuration is considered a key advantage providing dual street access and flexibility for future subdivision or redevelopment. Its position within a well-connected growing suburb makes it particularly suitable for buyers seeking a substantial landholding in an established area where such parcels are rarely available. This property serves developers or families wanting immediate accommodation while planning long-term use, as the land area itself drives much of its value. The 1952 construction may require modernisation to align with current standards which could affect immediate livability and resale timing. Future development potential might be contingent on council approval so buyers should weigh update costs against the land’s intrinsic size and position. The property’s age and condition form the main variables in price judgement.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Russell Avenue, Seacombe Gardens SA 5047
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Seacombe Gardens presents as a tightly held, high-demand suburb underpinned by a significant rental population and critically low vacancy. Demand is driven by a robust investor and resident base, with recent price growth reflecting strong competition for limited stock. Future growth is supported by sustained rental demand, though the primary constraint is the acute shortage of available properties, which intensifies market pressure and price sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

4

Land

1012m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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